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VENTURE CAPITAL CONTROVERSY
Elon Musk’s $1,100,000,000,000 net worth exceeds combined fortunes of Page, Brin, Bezos, Ellison & Dell; Here’s what the global rich list looks like nowElon Musk net worth: Elon Musk's net worth has surged to approximately $1.1 trillion, driven by SpaceX's valuation reaching $2.2 trillion a...- SpaceX IPO makes Elon Musk the world's first trillionaireAt a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a l...
- Cloudflare CEO says Vinod Khosla urged him to oust his cofounders during funding talksCloudflare CEO Matthew Prince claims Vinod Khosla suggested he remove cofounders during 2012 funding talks. Khosla denies this, stating his...
- Elon Musk defends AI ambitions as IPO reveals troubleElon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after rev...
- Nirmal Narvekar, Harvard’s $57 billion Indian-American money manager, bows outNirmal Narvekar, the Indian-American financier behind Harvard University's massive endowment, is set to retire in 2027. His tenure saw a si...
- Warren Buffett: Why ‘risk’ doesn't mean what Wall Street says it meansIn a letter to shareholders, Warren Buffett declared war on one of finance's most sacred concepts: Beta. The academics had it backwards, he...
- Big pay deal? SpaceX approves massive compensation for Elon Musk ahead of record IPO — what’s really inside?The SpaceX IPO is targeting a massive $1.75 trillion valuation. That number alone is historic. But the real shock is the Elon Musk pay pack...
- Founder offering only Rs 5000 for Content Head role sparks Internet outrage: 'Our housemaid earns more.....'A startup founder is facing severe online criticism. The founder advertised a full-time Content Head role with a salary of ₹5,000 to ₹15,00...
- Chelsea's American project at breaking point as beleaguered team heads into FA Cup semisChelsea's American ownership faces a crisis. Poor results, including a Champions League exit and a five-game losing streak, have led to fan...
- Our aim now is to create Indian games for local use and global exports: Krafton CEO KimMakers of popular video game PUBG looks to double down on investments and IP creation. Will invest both from its balance sheet as well as a...
- Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
- Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- BharatPe cofounder Ashneer Grover unveils new startup The Third Unicorn, asks VCs to stay outIn his post, Ashneer Grover also highlighted an overarching framework of his upcoming venture. Taking a dig at the venture capital communit...
- Indigo Paints IPO: Sequoia gains, Zerodha fumblesSequoia Capital is expected to garner up to Rs 650 crore by selling 7-8% stake in the Indigo Paints IPO. Such is the demand for the shares ...
- Dassault did not give Rs 30,000 crore worth of offset contracts to Reliance: Éric TrappierRafale deal controversy relates to the purchase of 36 multi-role fighter aircraft by the Indian Defence Ministry from France’s Dassault Avi...
- Budget 2013: Angel investors, private equity and venture capital funds seek liberal tax regimeThe sector has sought incentives in the Budget, including higher flow of domestic capital through a liberal tax regime.
- FIPB approves ICICI Finance stake sale to foreign firmsGoldman Sachs will be the largest foreign investor in the holding company. Other investors include Nomura, Swiss Re, Sequoia Capital and So...
- Ramoji Rao's stand on FDI in print media questionedCongress MP U Arun Kumar, who targeted media baron Ramoji Rao over alleged financial irregularities in one of his companies, today attacked...
- Taxing VCFs bad for growthOne of the more controversial proposals in the Union budget is the move to restrict the ‘pass through’ benefit available to venture capital...
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